Beer Engine Posted 26 June, 2009 Share Posted 26 June, 2009 Fry's been taken for an idiot. He should now exclude Pinnacle and resign. Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 26 June, 2009 Share Posted 26 June, 2009 so you're saying...administrator out?! we're a smart bunch. Makes a change from "Lowe out" Link to comment Share on other sites More sharing options...
saintwarwick Posted 26 June, 2009 Share Posted 26 June, 2009 Idiot, not an easy process. Stick with it. Beer Engine doesn't understand how administrators work or the process involved, you are right he is an idiot. Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Author Share Posted 26 June, 2009 Beer Engine doesn't understand how administrators work or the process involved, you are right he is an idiot. Thank you for that intelligently constructed response - keep believing! Link to comment Share on other sites More sharing options...
SET Posted 26 June, 2009 Share Posted 26 June, 2009 Thank you for that intelligently constructed response - keep believing! you are Jackson and i claim my £5 Link to comment Share on other sites More sharing options...
fish fingers Posted 26 June, 2009 Share Posted 26 June, 2009 Thank you for that intelligently constructed response - keep believing! about as intelligent and constructed as your original post. Link to comment Share on other sites More sharing options...
The9 Posted 26 June, 2009 Share Posted 26 June, 2009 Brilliant. Every time I think we've already outed all the thickies another one springs up with some half-baked nonsense. Link to comment Share on other sites More sharing options...
saintwarwick Posted 26 June, 2009 Share Posted 26 June, 2009 Thank you for that intelligently constructed response - keep believing! I have been at the receiving end of two companies calling in the administrators and have knowledge unlike you, keep believing you know what you are talking about, or not as is the case. Link to comment Share on other sites More sharing options...
Pancake Posted 26 June, 2009 Share Posted 26 June, 2009 MLT confirmed on Solent that Michael Fialka is the SOLE money man. Fry has been done like a kipper it seems. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 26 June, 2009 Share Posted 26 June, 2009 MLT confirmed on Solent that Michael Fialka is the SOLE money man. Fry has been done like a kipper it seems. And TL has been lying. Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Author Share Posted 26 June, 2009 I have been at the receiving end of two companies calling in the administrators and have knowledge unlike you, keep believing you know what you are talking about, or not as is the case. I have advised professionally in numerous administrations and liquidations and, believe me, accountants' habit of always thinking in terms of numbers rather than legal rights often causes last-minute problems that could so easily have been dealt with earlier on. Link to comment Share on other sites More sharing options...
Scudamore Posted 26 June, 2009 Share Posted 26 June, 2009 Good grief... Link to comment Share on other sites More sharing options...
Pancake Posted 26 June, 2009 Share Posted 26 June, 2009 And TL has been lying. I dont know FF, I really dont know any more... Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Author Share Posted 26 June, 2009 you are Jackson and i claim my £5 Nah mate. Link to comment Share on other sites More sharing options...
brightspark Posted 26 June, 2009 Share Posted 26 June, 2009 I heard the tea lady accidently dropped a glass cup this morning, resulting in it being smashed. TEA LADY OUT FFS!!! Why do we always want everyone out? If Fry goes, that's curtains! Link to comment Share on other sites More sharing options...
Topcat Posted 26 June, 2009 Share Posted 26 June, 2009 I agree that the administrators appear to have done a bad job in vetting the Pinnacle group. As for our own "Swiss Tony", he does seem to be in the same mold as Barry the Briefcase and Marky Jackson. Just a bunch of timewasters that end up damaging the fortunes of football clubs. Link to comment Share on other sites More sharing options...
Pancake Posted 26 June, 2009 Share Posted 26 June, 2009 Why do we always want everyone out? If Fry goes, that's curtains! Why would it be curtains? BT are a large company a fair few Administrators. Give someone else the job at SMS rather than Fry and see if they can get the deal done. Thats standard business practice, if an employee hasn't performed well enough, you replace them on the "project" with someone else. Link to comment Share on other sites More sharing options...
brightspark Posted 26 June, 2009 Share Posted 26 June, 2009 Why would it be curtains? BT are a large company a fair few Administrators. Give someone else the job at SMS rather than Fry and see if they can get the deal done. Thats standard business practice, if an employee hasn't performed well enough, you replace them on the "project" with someone else. I understand this, so yes, I probably exaggerated, but still... it would take time for the new person to maybe settle in to his new role, and such a pressured one at that were he would have to work fast to get the job done. It would be a massive risk, and it would delay things even further - MAYBE too much further. Link to comment Share on other sites More sharing options...
Pancake Posted 26 June, 2009 Share Posted 26 June, 2009 I understand this, so yes, I probably exaggerated, but still... it would take time for the new person to maybe settle in to his new role, and such a pressured one at that were he would have to work fast to get the job done. It would be a massive risk, and it would delay things even further - MAYBE too much further. No, this is why BT have had Hudson there the entire time. Again, standard business practice to have a seconder on board top step in if the first guy royally ****s up. Link to comment Share on other sites More sharing options...
saintwarwick Posted 26 June, 2009 Share Posted 26 June, 2009 I have advised professionally in numerous administrations and liquidations and, believe me, accountants' habit of always thinking in terms of numbers rather than legal rights often causes last-minute problems that could so easily have been dealt with earlier on. So you were ITK about last minute problems that could of been averted? Why didn't you do something about it then instead of posting your thoughts on this messageboard. Link to comment Share on other sites More sharing options...
Mr Nice Posted 26 June, 2009 Share Posted 26 June, 2009 Begbies traynor and dla piper have been a total shambles Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Author Share Posted 26 June, 2009 Begbies traynor and dla piper have been a total shambles Without doubt. Link to comment Share on other sites More sharing options...
Thedelldays Posted 26 June, 2009 Share Posted 26 June, 2009 isnt admin what we all wanted..? Link to comment Share on other sites More sharing options...
Scudamore Posted 26 June, 2009 Share Posted 26 June, 2009 isnt admin what we all wanted..? well of course...it's sorted us right out... Link to comment Share on other sites More sharing options...
stthrobber Posted 26 June, 2009 Share Posted 26 June, 2009 And TL has been lying. Well I'm taking my laptop to work again today as I did the day before, but I haven't seen the SSN video from yesterday. I see a lot of people are dismissing the Pinnacle bid as a fiasco and I admit it is extremey worrying in the light of Mr Money man's apparent status but I won't condemn this until I know more. I have no contacts within the club and I'm too far away from the action to hear any info unless it's from here. I would have hoped that due diligence would involve checking the accounts of those involved to see that the funds were in place before entering the exclusivity period etc. If Fry has been taken for a ride then it doesn't show Begbies in a very good light at all. GM was voicing concerns about Pinnacle some weeks ago and got blasted for it by some on here, and I wonder about the old adage "no smoke without fire" (at least until Jacko's funeral anyway) Link to comment Share on other sites More sharing options...
Torres Posted 26 June, 2009 Share Posted 26 June, 2009 Begbies traynor and dla piper have been a total shambles Without doubt. I'm sure you 2 are more experienced and would have done a better job than the UK's 15th largest accountancy firm and 5th largest law firm. Link to comment Share on other sites More sharing options...
trousers Posted 26 June, 2009 Share Posted 26 June, 2009 Do WH Ireland still have Begbies Traynor on their 'recommended buy' list? Link to comment Share on other sites More sharing options...
Mr Nice Posted 26 June, 2009 Share Posted 26 June, 2009 I'm sure you 2 are more experienced and would have done a better job than the UK's 15th largest accountancy firm and 5th largest law firm. Well im glad you think the whole thing has been handled proffesionally ! Link to comment Share on other sites More sharing options...
Scudamore Posted 26 June, 2009 Share Posted 26 June, 2009 MLT has won the race now mate! First time that's ever been written Link to comment Share on other sites More sharing options...
bungle Posted 26 June, 2009 Share Posted 26 June, 2009 First time that's ever been written Dunno, I once saw him 500yds from a Fish & Chip shop 30 seconds before closing time. Link to comment Share on other sites More sharing options...
GenevaSaint Posted 26 June, 2009 Share Posted 26 June, 2009 GM was voicing concerns about Pinnacle some weeks ago and got blasted for it by some on here, and I wonder about the old adage "no smoke without fire" (at least until Jacko's funeral anyway) To be fair GM voices concerns about everyone all of the time! This time is was unjustified as he didn't know who the mystery backer was. All he could do was voice concerns about Pinnacle as a company which was justified given their size. I wonder what GMs take would be now on a retirement homes company taking us over. They haven't got a pot to **** in would be a commonly used phrase. lol. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 26 June, 2009 Share Posted 26 June, 2009 Fry mishandled the Grant Thornton investigation that pushed us into the -10 points and he appears to be trying to sell something that, according to Pinnacle, is not exactly as described on the tin, all in my humble opinion, of course. Link to comment Share on other sites More sharing options...
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